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Biden's economic plan to focus first on infrastructure on Wednesday

U.S. President Joe Biden is expected to lay out the first part of the $3-trillion economic recovery package on Wednesday, focusing on rebuilding roads, bridges and other infrastructure.The Biden admi

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U.S. House passes $1.9 trillion COVID-19 relief bill, Biden to sign

The United States House of Representatives on Wednesday passed the Senate's version of the sweeping $1.9 trillion coronavirus relief package.The bill will be sent to President Joe Biden's desk for hi

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Radioactive material found in what remains of Fukushima nuclear plant

Some 70,000 trillion becquerels of radioactive material may be stuck on concrete lids, called shield plugs, in the upper parts of the Fukushima Daiichi nuclear plant's No. 2 and No. 3 reactor buildin

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China to promote high-quality development in 14th FYP period

A factory for laptop accessories in Jiaxing, east China's Zhejiang Province, January 27, 2021. /CFP China's state planner on Monday outlined measures to promote high-quality development during

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China's foreign trade up 32.2% in first 2 months

China's foreign trade of goods totaled 5.44 trillion yuan (840 billion U.S. dollars), up 32.2 percent year on year, in the first two months in 2021, the General Adminis

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U.S. Senate passes COVID-19 relief bill

The U.S. Senate narrowly passes President Joe Biden's $1.9 trillion coronavirus relief plan, sending back to the House for final approval. The bill is on track for final passage next week.Check ou

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China's proactive fiscal policy more active in 2020: official

China's tax and fee cuts exceeded 2.6 trillion yuan last year. /CFP China's proactive fiscal policy had been more active and fruitful in 2020 amid efforts to soften the impact of the COVID-19

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Ministers' Corridor: China to continue tax and fee cuts in 2021

04:41 China will continue to implement tax cuts and fee reductions policy and further bolster small businesses in 2021, Chinese Finance Minister Liu Kun said at the Ministers' Corridor

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Brazilian influencer talks about selling wine online

02:44 As e-commerceexpands, businessesaround the worldare creatingnew ways to engage more consumers."Live shopping” is a relativelynew commerce technologyin which shops and sellers hir

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U.S. national debt surpasses $28 trillion for 1st time

The U.S. national debt has surpassed $28 trillion for the first time, according to the U.S. Treasury Department.

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China has made decisive achievements in preventing financial risks

China has made decisive achievements in preventing and resolving financial risks and has firmly held the bottom line of no systemic risks, Guo Shuqing, chairman of the China Banking and Insurance Reg

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U.S. House approves Biden's $1.9-trillion COVID-19 relief bill

The Democratic-controlled U.S. House of Representatives on Saturday passed President Joe Biden's $1.9-trillion coronavirus aid bill, the first major legislative victory of his presidency.

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China's overall tax on imported goods hits record low

China's overall tax rate dropped from 21.8 to 15.8 percent during the 13th Five-Year Plan period (2016-2020). /CFP The overall tax rate on imported goods in China was slashed by more than a qu

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$15 minimum wage could lead to layoffs in the U.S.

02:39 The Biden administration wants to raise the federal minimum wage which hasn’t gone up since 2009, making it difficult for many to survive.He’s proposed a rate hike in his new $1.

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Bitcoin hits fresh high as boost from wider acceptance continues

Bitcoin hit a new high of $58,354 during trading on February 21, 2021. /CFP The world's most popular cryptocurrency, Bitcoin, hits a new high of $58,354 during trading on Sunday, extending a t

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China's light industry reports profit growth in 2020

Light industrial products on display at Dalian Xinghai Convention and Exhibition Center in Dalian, northeast China's Liaoning Province, November 5, 2020. /CFP China's light industry registered

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Bitcoin, ether hit fresh highs

Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday.The world's most popular cryptocurrency rose to a record $57,553, tak